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-   -   How much state tax and federal tax must be taken out of my pension check (https://www.askmehelpdesk.com/showthread.php?t=431903)

  • Jan 5, 2010, 06:54 PM
    Prescious92
    How much state tax and federal tax must be taken out of my pension check
    Just widowed. I get a pension check for $1114.00 a month I believe you have to take as much as 20% for taxes, but how do I know how much Federal tax to take out and how much State tax to take out. Who gets what??
  • Jan 5, 2010, 06:58 PM
    Prescious92
    Quote:

    Originally Posted by Prescious92 View Post
    How much state tax and how much federal tax should I take out a month if I get $1114.00 monthly. ????

    I know I have to take out at least 20% out of it, I just don't know how much out should go to the state and to the federal
  • Jan 5, 2010, 07:04 PM
    JudyKayTee

    When my husband died I was furnished with a form with which to declare the number of dependents I had. His employer then did the math, same as a W-2.

    Is that your question? Where do you get the 20% figure?
  • Jan 5, 2010, 07:24 PM
    ScottGem

    I've merged your threads. Please use the reply options for a follow-up. Do not start a new thread.

    None of us can really answer this without knowing more about your situation. You should consult a tax professional to advise you.
  • Jan 5, 2010, 07:25 PM
    Prescious92
    Quote:

    Originally Posted by JudyKayTee View Post
    When my husband died I was furnished with a form with which to declare the number of dependents I had. His employer then did the math, same as a W-2.

    Is that your question? Where do you get the 20% figure?

    Sorry about that. I didn't realize I had an answer. Didn't have my glasses on and I couldn't see clearly. Thanks
  • Jan 5, 2010, 07:42 PM
    JudyKayTee
    Quote:

    Originally Posted by Prescious92 View Post
    Sorry about that. i didn't realize i had an answer. Didn't have my glasses on and I couldn't see clearly. Thanks


    No problem - did you get the forms from the pension company?

    Where did you get the 20% figure?

    I'm sorry for your loss - it's brutal to be widowed and then have to go through all of the jumps that widows have to go through. Again, I'm sorry for your loss.

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